547 Summer Ave, Reading MA 01867

Reading, MA 01867
$846,041
Est. $4,503/month
3
Beds
2
Baths
1,718
Sq Ft
$492
Price/Sq Ft
0.23
Acres
1985
Year Built
Single Family Residence
Type
4
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73381665

About this home

Welcome to 547 Summer Ave in Reading! This beautifully maintained split-entry home offers 3 beds, 2 full baths, and a sun-filled open-concept kitchen, perfect for entertaining. Enjoy fireplaces on both levels, gleaming hardwood floors, and a bright Four Season Brand Sunroom for year-round relaxation. A fully-ducted air source heat pump has significantly reduced heating/cooling costs; homeowner only used oil for hot water, and the furnace hadn’t been needed in past winters. Step outside to a spacious, private deck surrounded by greenery. The 2-car garage features new doors (2022) and a Tesla charger. Major updates include roof (2009), vinyl siding, and triple-pane windows (2016). Just 5 minutes to downtown Reading, commuter rail, and easy access to I-93 & I-95. This home offers comfort, efficiency, and a prime location! Offer Deadline added Tuesday 6/3 at noon.

Sale Statistics

Sale Overview
Original List Price: $775,000
Final Sale Price: $846,041
Difference: +$71,041 (+9.2%)
Performance Metrics
109.2%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $451
Sale $/sq ft: $492
This property sold for $492 per square foot
Sale Summary

This property sold for 9.2% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1985
Bedrooms
3
Full Bathrooms
2
Living Area
1,718 sq ft
Total Rooms
7

Interior Features

Flooring
Tile, Hardwood, Flooring - Stone/Ceramic Tile
Heating
Baseboard, Air Source Heat Pumps (ASHP), Ductless
Has Heating
Yes
Cooling
Air Source Heat Pumps (ASHP), Ductless
Has Cooling
Yes
Fireplace Features
Family Room, Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Water Heater, Range, Dishwasher, Disposal, Refrigerator
Interior Features
Slider, Sun Room
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Finished, Walk-Out Access, Interior Entry, Garage Access

Exterior & Structure

Construction Materials
Frame
Architectural Style
Split Entry
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Deck, Deck - Composite, Patio, Patio - Enclosed, Covered Patio/Deck, Stone Wall
Patio/Porch Features
Porch - Enclosed, Deck, Deck - Composite, Patio, Enclosed, Covered
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
10,001 sq ft
Lot Size Area
0.2300
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Under, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Time of Use Meter

Community & HOA

Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,939
Tax Year
2024
Tax Assessed Value
$784,800
Parcel Number
730647
Zoning
S15

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Mold remediation in attic recently completed - Please see attached offer instructions - Photo of the front of the home has been digitally altered to remove power lines to the home

Location

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Neighborhood

547 Summer Ave, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $745
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.4%
Price Range
6
Total Days on Market

Property Timeline

Sold
Jun 18, 2025
$846,041
Property sold
Days on Market: 6
🏠
Listed for Sale
May 29, 2025
$775,000
Original listing
Agent: Vanessa Valido Office: Fiv Realty Co.

Price & Status History

Date Event Price Change
May 29, 2025 New Listing Added $775,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$492

Tax History

Year Taxes Assessment
2024 $8,939 $784,800

Financial Details

Annual Property Tax
$8,939
Tax Year 2024
Assessed Value
$784,800

Listing Information

Listing Agent Vanessa Valido
Listing Office Fiv Realty Co.
Agent MLS ID CN249905
Office MLS ID AN8571

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